Testing out the 50 hour crossup strategy
The week so far
Trades have gone pretty well up until now with a few notes: Monday - got out of an AUD/USD trade way too early even though there was no signal US2000 - missed an entry because too much volitility
Thoughts
If I miss an entry I could just wait until until there’s a bar reversal in my direction and use that as my entry. The only problem is that makes it hard to set stop/exit criteria. Maybe I could use VWAP?
It’s still hard to size up - My stops are way too tight because I don’t want to take a big $ loss.
One thing I want to test is break of structure. I backtested awhile ago but it was on the 1 min and I think it will go a lot better on the 1 hour. I was thinking of just marking recent highs and recent lows and when it breaks one you enter. Hard to decide where to put a stop though… VWAP?